DSA, union may bid for mines once owned by Guptas, Glencore

The country's Chamber of Mines says the new code would send the mining industry back by at least 10 years.

The firm said poor coal prices meant it would not make sense to extend the life of the mine.

Until Mick Davis pulls the trigger on X2's $5.6 billion, wishful thinking and unhealthy skepticism will pervade talk around private equity and mining.

Investment bank cuts 2015 nickel price forecast by 19%, while copper price estimate is slashed as market moves into oversupply.

The copper and gold miner will pay a dividend of 5 cents.

The U.S. miner said the sale is part of a strategy to divest non-core assets and focus on supplying iron ore pellets to the North American steel industry.

There are a number of challenges South32 is likely to face, including potential Black Economic Empowerment ownership concessions and power price hikes.

The Great Barrier Reef is at risk of permanent damage should huge coalmining and a port development in Queensland go ahead, scientists say in a new report.

Coal mine fatalities in China dropped almost 87% to 931 last year from more than 7,000 casualties registered in the sector in 2002, according to official figures recently disclosed.